El Rito Media, LLC agreed to acquire Alamogordo Daily News, Carlsbad Current-Argus and Ruidoso News from Gannett Co., Inc. (NYSE:GCI) on May 7, 2024. The transaction is expected to close on or near June 1, 2024. This will bring El Rito?s ownership of local newspapers in the state to five.

Management of the additional newspapers will be the responsibility of Richard L. Connor will serve as editor and publisher of all five El Rito newspapers. Connor hopes to employ local community members to assist with reporting and local newspaper management. Dirks, Van Essen & Murray acted as a financial advisor to Gannett Co., Inc. (NYSE:GCI)